Excellent Initial Production at Two Chesapeake

Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, is pleased to report initial production rates for two wells in the Mississippi Lime formation, Oklahoma. Magnolia holds a 1.86% net revenue interest in each of these Chesapeake Energy (‘Chesapeake’) operated wells which, combined, add 38 boepd to Magnolia’s net production.

Read More